Cormark Forecasts Strong Price Appreciation for Pollard Banknote (TSE:PBL) Stock

Pollard Banknote (TSE:PBL) had its price objective upped by Cormark from C$33.00 to C$42.00 in a research report released on Wednesday,BayStreet.CA reports. Cormark also issued estimates for Pollard Banknote’s FY2026 earnings at $2.56 EPS.

A number of other equities research analysts also recently weighed in on the company. Acumen Capital decreased their price objective on Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating on the stock in a report on Wednesday, August 7th. Raymond James lifted their price objective on Pollard Banknote from C$44.00 to C$46.00 in a report on Friday, November 15th. Finally, Canaccord Genuity Group boosted their target price on Pollard Banknote from C$32.00 to C$36.00 and gave the stock a “buy” rating in a report on Tuesday, August 27th.

Pollard Banknote Stock Up 0.4 %

PBL stock opened at C$25.40 on Wednesday. Pollard Banknote has a twelve month low of C$17.95 and a twelve month high of C$37.75. The company has a market cap of C$687.32 million, a PE ratio of 18.27 and a beta of 0.63. The business’s 50-day simple moving average is C$25.13 and its 200 day simple moving average is C$27.04. The company has a quick ratio of 1.01, a current ratio of 1.78 and a debt-to-equity ratio of 45.40.

Insider Buying and Selling

In other Pollard Banknote news, Senior Officer Riva Jean Richard sold 2,000 shares of the company’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of C$26.13, for a total transaction of C$52,260.00. Insiders sold 4,300 shares of company stock worth $110,510 in the last quarter. Insiders own 64.02% of the company’s stock.

About Pollard Banknote

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of lottery and charitable gaming products and solutions in the United States, Canada, and internationally. It operates through four segments: Lotteries, Charitable Gaming, eGaming systems, and Retail. The company designs, manufactures, and distributes instant tickets, as well as offers related services.